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Economics (AS & A Level) · May / June 2026 · Paper 33 · Question 10

9708Labour market forces and government intervention

What is the most likely effect of a change in a competitive labour market to a monopsony market?

  1. Adecrease in trade union membership
  2. Bhigher wage rates offered
  3. Cincreased economic rent
  4. Dless labour employed

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Correct answer: D. less labour employed

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